[PRESS RELEASE – Salzburg, Austria, October 1st, 2024]
The Skygate Token is positioned as a utility-focused cryptocurrency designed to offer real-world applications in the aviation sector, moving beyond the realm of speculative assets. With a structured financing model, clear development strategies, and practical use cases, Skygate Token aims to contribute to the digital transformation of aviation.
Who is Behind the Skygate Token?
The Skygate Token is issued by Skygate Network Holding GmbH, a company based in Salzburg, Austria. The company is led by CEO Gerhard Wimmer, who brings over 27 years of experience in the aviation industry. Wimmer is supported by a team of specialists in finance, marketing, and IT. Strategic partnerships with various companies are also crucial to the project’s development, as well as key advisors such as the former Austrian Vice-Chancellor and Minister of Transport.
Skygate Network has spent several years developing and testing its technologies in a model operation in Salzburg. According to the company, this model has already generated millions in revenue, showcasing the company’s potential to introduce innovative solutions to the aviation sector.
The Skygate Project: Digitalizing Aviation
The main goal of the Skygate project is to digitalize the global aviation industry through Extended Reality (XR) technologies. This includes Augmented Reality (AR), Virtual Reality (VR), and Mixed Reality (MR), aiming to guide the aviation sector into a new era of digital transformation. The project envisions the creation of a digital 3D VR world where commercial and private users can access services and products globally.
The Skygate Token at the Core of the Ecosystem
The Skygate Token is designed to be the primary currency within the Skygate digital ecosystem. With a total supply of 10 billion tokens, the presale will take place in multiple phases. In the first phase of the presale, the token is offered at a price of only €0.005, which represents a 95% discount on the listing price. Early investors stand to benefit from significant price advantages.
One distinctive feature of the Skygate Token is its planned token burn strategy. The company plans to regularly burn tokens to reduce the total supply in circulation, leading to a potential price increase as demand grows while supply diminishes.
Benefits for the Skygate Community
The Skygate community is central to the project. Out of the total 10 billion tokens, 7 billion are allocated to benefit the community. A reward and bonus program provides incentives for users to actively participate in the development and spread of the Skygate Token. Users can enjoy rewards, airdrops, and exclusive benefits as they support the company’s vision.
Additionally, investors can take advantage of the growth potential. Tokens allocated to the team and partners are locked for several years, ensuring sustainable price development and preventing a rapid sell-off.
The Roadmap: A Clear Path Forward
Since 2020, Skygate has taken numerous steps to prepare for the project launch. These include developing a comprehensive concept, conducting security reviews, and submitting the project to the Financial Market Authority. The official presale phase started on September 15, 2024, and tokens have been distributed to investors since then. After the presale, the public sale phase will begin, granting token holders access to various services from Skygate. As the project progresses, new features will be rolled out, and strategic alliances with technology providers will be established. All services will be fully accessible upon project completion.
Ongoing Commitment to Growth
Skygate Network has committed to reinvesting 50% of its annual profits back into the project and its ecosystem. As part of its long-term strategy, Skygate will continue to expand its services to the aviation industry, particularly airlines. This approach is aimed at driving demand for the token within the ecosystem.
About Skygate Network Holding GmbH
Skygate Network Holding GmbH, based in Salzburg, Austria, is focused on digitalizing the aviation industry using Extended Reality (XR) technologies. Led by CEO Gerhard Wimmer, with over 27 years of aviation experience, the company has developed the Skygate Token as the core currency of its digital ecosystem. Skygate is committed to innovation, strategic partnerships, and sustainable growth within the aviation sector.
For more information, users can visit www.skygatetoken.com.
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